Pesa Link moves Sh81 billion in first 17 months

KBA chief executive Habil Olaka and former Integrated Payment Services Limited CEO Jennifer Theuri during the launch of PesaLink in February 2017. FILE PHOTO | NMG

The interbank money transfer platform Pesa Link launched in February last year has transacted Sh81 billion in the 17 months to date.

The platform is offered by Integrated Payment Services Ltd (IPSL), a fully-owned subsidiary of Kenya Bankers Association (KBA), and can handle person-to-person transfers from as low as Sh10 to a high of Sh999,999.

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Note: The results are not exact but very close to the actual.